School Districts in Financial Distress Appropriation
Funding Description
Funding is allocated to the Oakland Unified School District and the Inglewood Unified School District to cover a percentage of the projected budget deficit, after certain conditions have been met to improve the districts fiscal solvency.Eligibility
Eligible Applicants | Local educational agencies |
---|---|
Required Eligibility Criteria | Only Oakland Unified School District and Inglewood Unified School District are eligible. |
Other Eligibility Considerations | Not applicable |
Eligible Grade Level(s) | Not applicable |
Eligible Age Level(s) | Not applicable |
Funding
Legal Authority | Education Code sections 42160 and 42161; Provisions 2 and 3 of Item 6100-488 of the Budget Act of 2020 (Chapter 6, 2020) |
---|---|
Source / Type | State / Apportionment |
State Fiscal Year | 2020-21 |
SACS Resource / Revenue Codes | 0000 / 8590 |
Total Available | $21,781,000 |
Recipient Amount | $16,009,000 for Oakland Unified School District; $5,772,000 for Inglewood Unified School District |
Match Requirement | No |
Allocation Formula | Unavailable |
Important Dates
Date Application Available | Unavailable |
---|---|
Due Date | Unavailable |
Expected Notification Date | Unavailable |
Additional Information
Application | Unavailable |
---|---|
Background | Unavailable |
Fiscal | Unavailable |
Funding Results | Res-20: Financial Distress Funding, OU [http://www.cde.ca.gov/fg/fo/r14/findistressoakland20result.asp] |
Other | Unavailable |
Contacts
Program | Categorical Allocations and Audit Resolution Office, CAAR@cde.ca.gov |
---|---|
Fiscal | Categorical Allocations and Audit Resolution Office, CAAR@cde.ca.gov |
Division | School Fiscal Services Division, 916-327-0538 (phone), 916-327-6157 (fax) |
Last Modified:
August 20, 2021
Related Content
Trending in Funding
No Trending items
Recently Posted in Funding